Open consultation on methodology for European high carbon ferro-chrome price assessments

Fastmarkets is inviting feedback from the industry on the pricing methodology for its European high carbon ferro-chrome prices, as part of its annual methodology review process.

March 27, 2025

By Janie Davies

This consultation, which is open until April 28, 2025, seeks to ensure that our methodologies continue to reflect the physical market, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency.

The prices under review are:

MB-FEC-0020 Ferro-chrome, high carbon, 6-8.5% C, basis 60-64.9% Cr, max 3% Si, cif Europe, $ per lb Cr

MB-FEC-0021 Ferro-chrome, high carbon, 6-8.5% C, basis 65-70% Cr, max 1.5% Si, delivered Europe, $ per lb C

The current methodology for the European high carbon ferro-chrome assessments can be found here.

Please send responses in writing, preferably in electronic format, to the following address: pricing@fastmarkets.com. Please add the subject heading ‘FAO Claire Patel-Campbell European high carbon ferro-chrome annual review, 2025’. Please specify whether your response is confidential. Opinions offered in confidential responses may be referenced but will not be attributed in any way.

Fastmarkets will publish the outcome of this methodology review by Friday May 2, including a summary of the feedback – with the exception of those responses marked as confidential. Any proposals to make material changes, discontinue or launch prices will involve a separate market consultation, the length of which will depend on how substantial the change is.

To see all Fastmarkets’ pricing methodology and specification documents, go to: https://www.fastmarkets.com/methodology.